More of the same today as the market seems to be in a hurry to go nowhere fast. The Dow dipped 7 points on average volume. The advance/declines were negative. The summation index is moving up. The overall market fared better than the Dow with both the NASDAQ and the S&P 500 in the black. It's been sideways since the good gains on Monday. The S&P remains short term overbought. We'll see how the week closes out before a long weekend and go from there. My guess is that next week will be positive. GE was up a few cents and the volume remains light. Gold dropped today as the April futures shed $18. The US dollar finished little changed again. The XAU fell 2 1/3, while GDX lost 1/2. Volume is light here as well. The short term indicators are now rolling over for GDX and that isn't a good sign for the bulls. My GDX February calls are now back to where I bought them a week ago. This is a trade that probably should have been exited earlier this week as the light volume shows no interest in the gold shares. I'm probably going to hang on until the big earnings announcements on the 18th but we'll see what happens tomorrow. The rolling over of the technical indicators is a problem that can't be ignored though. Once again it looks like my management of this trade is not up to snuff. Mentally I'm feeling OK. The VIX was lower today and is staying short term oversold. The VIX is also moving sideways this week as the overall market is looking for direction. I thought that there might be a playable decline this week but it appears that sideways has been the trend or lack thereof. On the sidelines with regards to the SPY for now. I'll keep an eye on GDX tomorrow. Europe and Asia were generally higher overnight. We'll close out the trading week tomorrow ahead of a holiday weekend in the US.